Outlook 2020 - Leveraging Global Economic Trends for Local Impact
12 Dec 2019
After a period of steady growth, we’re starting to see signs of a slow down as the economy begins to return to a more baseline level of growth. Factors such as the diminishing effects of the temporary boost from the 2017 tax changes, as well as slowing in the manufacturing sector due to prolonged uncertainty with trade and tariffs, have a different economic outlook going into 2020.
Fresh from a presentation at the 2019 Connecticut Conference of Municipalities Annual Convention, Courtney Hendricson, CERC’s Vice President of Municipal Services, and Rachel Gretencord, CERC’s Financial and Research Analyst, come together to recap an outlook of the Connecticut economy and how municipalities can leverage this information to help local businesses in their communities.